WA iron ore operations hit by cyclone and fuel shortages

Fenix Resources (ASX: FEX) is bracing its Mid-West operations in WA for the impacts of Tropical Cyclone Narelle and diesel fuel delivery uncertainty linked to global supply constraints.The combined impact of weather disruption and constrained fuel supply could affect mining and haulage activities for Fenix. To manage the situation, the company is scaling back non-essential operations while prioritising processing and haulage.These disruptions are expected to disrupt Fenix’s March 2026 quarter shipments and sales schedule. The Bureau of Meteorology has indicated the cyclone could impact the Gascoyne Coast before tracking south through the Mid-West, prompting the Mid-West Port Authority to activate cyclone response procedures which will temporarily close all shipping operations at Geraldton Port.Fenix expects to maintain sufficient fuel supplies in the near-term, supported by existing stockpiles, allowing the miner to continue to process and haul iron ore to the port of Geraldton.Despite these current challenges, Fenix has maintained its FY26 guidance of 4.2-4.8mt of iron ore sales at a C1 cash cost of $70-$80/wmt on the expectation the port operations recommence in early April 2026 and diesel fuel supply conditions stabilise.Fenix said it does not intend to revise its guidance at this stage, as the underlying assumptions for its three-year production plan and Weld Range development strategy remain unchanged.